Cullumber Corporation manufactures drones. On December 31,2024 , it leased to Althaus Company a drone that had cost $258,000 to manufacture. The lease agreement covers the 5 -year useful life of the drone and requires five equal annual rentals of $86,800 payable each December 31, beginning December 31, 2024. An interest rate of 6% is implicit in the lease agreement. Collectibility of the rentals is not probable. Prepare any journal entry for Cullumber on December 31, 2024. (List debit entry before credit entry. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)